market crash

After a year of record closing highs and little to no volatility, it was expected that the stock market would need to blow off some steam. Last Monday, the CBOE Volatility Index, or VIX, surged nearly 116%, its biggest one-day increase since at least 2000.

For the second time in less than a week the Dow Jones Industrial Average dropped by greater than 1,000 points. While not the worst days in terms of percentage losses, Feb. 5 and Feb. 8, 2018 are the two highest point loss days in Dow history and the only two days where losses surpassed 1000 points.